Coventry Ranks #1 in Life Settlement Market for 2021

FORT WASHINGTON, PA, JUNE 17, 2022: Financial publication The Deal announced today that Coventry once again ranked first for life settlements by number and value in 2021. The league tables published by The Deal are a comprehensive review of secondary market life settlement transactions. Coventry companies have held the top spot each year since the rankings were first published in 2013. Coventry First and its affiliate, Life Equity, bought more than 1,400 policies…

Read more

Coventry Appoints Rick Lauro as Chief Operating Officer

FORT WASHINGTON, PA, MAY 19, 2022: Coventry, the leader and creator of the secondary market for life insurance, announced today that it has appointed Rick Lauro as Chief Operating Officer. In his new role, Lauro will be responsible for implementing operational efficiencies across the organization and driving transformational activities to position Coventry for continued success. “Coventry is experiencing unprecedented growth,” said Reid Buerger, Coventry’s CEO. “Rick’s extensive experience in leading operations…

Read more

Coventry Announces New Student Loan Repayment Program for Employees

FORT WASHINGTON, Pa., Feb. 9, 2022 — Coventry, a leading insurtech company and the nation’s largest purchaser of life insurance policies, announced today that it is launching a new program to help employees repay their student loans. Under the program, Coventry will match up to $2,500 per eligible employee per year in student loan payments, enabling employees to pay off their loans faster. The payments are tax-free to employees in accordance with the CARES…

Read more

Coventry Names Gary Kuchera as Chief Origination Officer

FORT WASHINGTON, PA, June 9, 2021: Coventry, the creator and leader of the secondary market for life insurance, announced today that it has promoted Gary Kuchera to Chief Origination Officer. In his new role, Kuchera will leverage the expertise he has developed during his time at Coventry to accelerate the company’s policy origination efforts and identify and pursue strategic opportunities. The move comes amid growing demand for Coventry’s life settlement…

Read more

Coventry Tops League Tables for Life Settlements in 2020

FORT WASHINGTON, Pa.–(BUSINESS WIRE)–Financial publication The Deal announced today that Coventry once again ranked first for life settlements by number and value in 2020. The league tables published by The Deal are a comprehensive review of secondary market life settlement transactions. Coventry companies have held the top spot each year since the rankings were first published in 2010. Coventry First and its affiliate, Life Equity, bought over 1,400 policies in 2020, more…

Read more

InvestmentNews: Life settlements seen increasing as population ages

Originally published May 18, 2021 at InvestmentNews.comBy Mary Beth Franklin The most common reason to buy life insurance is to provide income replacement for loved ones in the event of the death of a breadwinner. But as life goes on, children grow up and family needs may change. The once-valued protection can become a financial burden for an aging policy holder. Or perhaps a client’s financial goals have changed. An…

Read more

Retirement Regrets – Does Retirement Live Up to Expectations?

Ah, retirement. The reward at the end of years in the labor force, of saving and investing and planning for financially-sound, restful, and even adventure-filled golden years. Millions of Americans enter retirement annually, but increased reliance on Social Security income and Covid-19’s impact on employment, access to social supports, and mental and physical health have altered the retirement experience for retirees across the U.S. With retiree numbers significantly increasing in…

Read more

Life Insurance Settlement Association Honors Alan H. Buerger with Inaugural Industry Leadership Award

Chairman and co-founder of Coventry recognized as the creator of the secondary market for life insurance. FORT WASHINGTON, PA: The Life Insurance Settlement Association (LISA), the nation’s oldest and largest organization representing participants in the life settlement industry, has awarded Alan H. Buerger, Chairman and co-founder of Coventry, with the inaugural LISA Industry Leadership Award. Under Buerger’s leadership, Coventry created a secondary market for life insurance, led efforts to pass…

Read more

Coventry Continues to Lead Life Settlement Industry in 2019

FORT WASHINGTON, Pa., July 2, 2020 /PRNewswire/ — Coventry, the leading purchaser of life insurance policies in the secondary market, today was recognized by The Deal as the No. 1 life settlement provider of 2019. The league tables published by The Deal are a comprehensive review of secondary market life settlement transactions. The Deal credited Coventry, together with its affiliate Life Equity, with purchasing over 1,250 policies in 2019, more than three…

Read more

Coventry Endorses New Senior Health Planning Account Act

Coventry commends bi-partisan legislation to benefit America’s Seniors. FORT WASHINGTON, Pa., March 09, 2020 / PRNewswire/ — Coventry, the largest life settlement company and pioneer of the secondary market for life insurance, today endorsed H.R. 5958: Senior Health Planning Account Act. The proposed bi-partisan legislation, introduced by Rep. Brian Higgins (D-NY), and Rep. Gregory Steube (R-FL), would help millions of American seniors fund future health care needs, including long-term care,…

Read more